XML 35 R23.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Value of Assets and Liabilities

The following table sets forth the Company’s financial assets and liabilities measured at fair value by level within the fair value hierarchy. As required by ASC 820, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

 

 

 

 

 

 

 

Fair Value at December 31, 2016

 

 

June 30, 2016

 

Assets

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash and cash equivalents

 

$

1,813,694

 

 

 

1,813,694

 

 

 

 

 

 

 

 

$

5,874,258